Baba Eco Group Bhd (XKLS:03012) Days Payable : 21.49 (As of Oct. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Baba Eco Group Bhd Days Payable?

Baba Eco Group Bhd's average Accounts Payable for the six months ended in Oct. 2023 was RM1.15 Mil. Baba Eco Group Bhd's Cost of Goods Sold for the six months ended in Oct. 2023 was RM9.74 Mil. Hence, Baba Eco Group Bhd's Days Payable for the six months ended in Oct. 2023 was 21.49.

The historical rank and industry rank for Baba Eco Group Bhd's Days Payable or its related term are showing as below:

XKLS:03012' s Days Payable Range Over the Past 10 Years
Min: 23.47 Med: 42.98 Max: 53.81
Current: 23.47

During the past 9 years, Baba Eco Group Bhd's highest Days Payable was 53.81. The lowest was 23.47. And the median was 42.98.

XKLS:03012's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 56.64 vs XKLS:03012: 23.47

Baba Eco Group Bhd's Days Payable declined from Oct. 2022 (24.16) to Oct. 2023 (21.49). It may suggest that Baba Eco Group Bhd accelerated paying its suppliers.

Baba Eco Group Bhd Days Payable Historical Data

The historical data trend for Baba Eco Group Bhd's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Baba Eco Group Bhd Days Payable Chart

Baba Eco Group Bhd Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

Get a 7-Day Free Trial

49.24

53.81

42.95

37.17

24.37

Baba Eco Group Bhd Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial										39.85	37.84	24.16	24.66	21.49

Competitive Comparison of Baba Eco Group Bhd's Days Payable

For the Home Improvement Retail subindustry, Baba Eco Group Bhd's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Baba Eco Group Bhd's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baba Eco Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Baba Eco Group Bhd's Days Payable falls into.

Baba Eco Group Bhd Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Baba Eco Group Bhd's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (1.321	+	1.182)	/	2 )	/	18.743	*	365
=	1.2515					/	18.743	*	365
=	24.37

Baba Eco Group Bhd's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (1.112	+	1.182)	/	2 )	/	9.74	*	365 / 2
=	1.147					/	9.74	*	365 / 2
=	21.49

Baba Eco Group Bhd Days Payable Related Terms

Thank you for viewing the detailed overview of Baba Eco Group Bhd's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Baba Eco Group Bhd (XKLS:03012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Baba Eco Group Bhd (XKLS:03012) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120

Website

https://www.baba.com.my

Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

Baba Eco Group Bhd (XKLS:03012) Headlines

No Headlines